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Showing 1321 - 1330 of 4607 results for "RAISE"

AFA Foundation headed for milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... lobbying government to act in the interests of the safety of young people. Lacheur said the AFA Foundation is hoping to raise $50,000 at this year's conference through a raffle, a partnership with Wine Direct, a silent auction and other donations. Also ...

REP 515 divides advice community

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
Association of Financial Advisers' general manager, policy and professionalism Phil Anderson says the financial advice community has been split in two by the corporate regulator. Providing a policy outlook at the AFA National Conference in Adelaide ...

Macquarie Group raising $1bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... average price (VWAP) of Macquarie shares the five trading days immediately before and including the SPP close date. "[The raise] follows recent net capital investments across most regions, primarily by Macquarie Capital in the renewables, technology ...

Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
ASX-listed companies continued to hold off paying dividends, extending a five-year long trend, a global index shows. According to Janus Henderson, dividend payouts rose 5.7% in the June quarter, thanks mainly to QBE Insurance, which rewarded shareholders ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
The NSW shadow minister for finance and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week ...

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
... continue to look at adding listed vehicles for right strategies and there "may well be a chance" of considering an extra raise for its credit LIT launched this year which closed oversubscribed in March. He said the company will continue to be focused ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... investor demand for dividend payments as a replacement for their cash and fixed interest income, Plato will undertake a capital raise targeting $200 million. The offer consists of one new share for every 1.6 shares held by existing eligible shareholders ...

BlackRock appoints Melbourne head

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
The US $6.8 trillion global investment giant has appointed a head of Melbourne in a newly-created role following strong demand for its strategies from local investors. David Porter will move from London where he is the managing director, head of UK ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... Financial Group reported a 78% jump in its profit for the financial year ending June and announced a $275 million institutional raise for MFG shares this morning. Magellan's stable of well-performing equities funds are now managing an average of ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service. The ASX-listed platform's FUA shot up 108% in FY19 as a result of launching the Virtual Managed ...